Panic selling can contribute to bitcoin price going down?

[Black Angel]

if the price goes down you should not have to panic and sell the bitcoin you have because if you panic and sell it, it will make the bitcoin price decrease because bitcoin price depends on the demand, if many sell the bitcoin price will decrease

Should all the users be like that, but unfortunately many are panicked when they hear negative news and they immediately sell bitcoin so as to make the price drop and difficult to rise, whereas a few days ago the price had reached $ 9950 but failed to reach $ 10,000.

[_yoshi]

I thing these is one of the biggest problem in cryptocurrency world. THe rookie investors who have no idea. Those people are always doing the same. They read a fud news, and they are in panic. They look at the charts, and they see the price is going down. And they immidietaly start to sell everything they got. And this makes a chain reaction. Other noobs see the price is increasing, and they get in panic and also sell. If these are like 5thousand people who do this, you see the bitcoin price drops very hard because of nothing.

[Sum24]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

yes, it is true. Panic selling can contribute to bitcoin price going down. if many people sell bitcoin togeher, the supply will high.

Yes everyone knows about it, bitcoin price get down because of high selling and low buying in market o I think it is good to buy at low price and earn high, with it gradually a lot of people are now switching to bitcoin, so I think we should also have patience and don’t sell it at any cost because bitcoin will increasing after holding even for very small interval of time, the more we will hold the more price will increase so keep on holding don’t sell at panic.

[JRDuran]

Sometimes a panic sellers are a healthy in the crypto currency community because they are the food of the hodlers and most of all food of the crypto whales. So I think this sometimes couldn't make the strong hodlers to panic but an opportunity to earn big profit as long as they can hold tighter.

[Advicerabi]

Generally yes, panic selling will contribute the price of bitcoin going down. And it is also the reason why there are a lot of people today in the market who are losing a huge amount of their investment. So that is a reminder that you should not panic sell ever again.

[darefreads]

Yes it really does, it is highly contributed by people who are always panic selling once they hear something strange that turns bitcoin going down that's why It is hard to bitcoin to recover easily in the time that he's started to increase it's price in the market. So better to think first of what news you've heard that you can calm yourself in that thing.

[totaleclipseofthebank]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

yes, it is true. Panic selling can contribute to bitcoin price going down. if many people sell bitcoin togeher, the supply will high.

Yep, bitcoin can even decrease stronger when panic selling happens. There are many people do not have the power to control their mind and emotion when they are investing their money in cryptocurrency. They can not hold their coin for profit and they are easy to be affected by other people. if the price of coin goes down, they will become panic and sell everything they have

[JRoa]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

Most of dumps are causes by panic sellers. There are many amateurs here in the trading world, they do not know how to hold their coins. They should improve their patience for them to easily control their emotions.

[websoftwareengineer]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

Panic selling is really bad because those people who sells their coin are just making the scenario even worst, if you keep on selling your coins because you believe on fake news or you are pressured then the prices in the market will just keep on decreasing because supply is increasing.

[rejekitiban]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

Yes , It ' s true. Panic selling can contribute to bitcoin price going down. If money people do that, the supply will high. It can effect the price will down.

[UchihaRukawa]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

Yes of course, panic selling does affect the price of bitcoin negatively, when people are seeing that the trend of bitcoin is on a down trend, they tend to sell their holdings, but most of these people that panic sell are people who are new to the cryptoworld. Panic selling is a very hard event to avoid knowing that there are more and more new poeple who are joining the the cryptoworld.

[molenracing]

That's right, because when we're in a panic it will sell Bitcoin for a low price. more people sell because of panic then the price will be lower. so in my opinion, in trading Cryptocurrency we should not panic, with whatever happens. remain confident that Bitcoin is the best, even though the price drops because of many outside influences.

[Crypto_4eva]

Unfortuneatley yes. But it's all part of trade

[mung_nasib]

Indeed,panic is often experienced by traders so patience also needs to be increased to anticipate the occurrence of major losses in the future and make traders more excited when they want to invest in the next few years especially in bitcoins that have an exchange rate movement often increases.

[joebrook]

That's right, because when we're in a panic it will sell Bitcoin for a low price. more people sell because of panic then the price will be lower. so in my opinion, in trading Cryptocurrency we should not panic, with whatever happens. remain confident that Bitcoin is the best, even though the price drops because of many outside influences.

Panic selling because of FUD is one of the top problems facing bitcoins at the moment when people generate fake news so that people sell their bitcoins so that they could get them a lower price and it’s all part of the game though. They take advantage of naive investors to make their money.

[dongyi17]

Yeah, if you sell your btc lower than the other person's offer  the more it becomes lower meaning to say if we sell out of panic the more it becomes so cheaper and only those who buy your btc will benefit if the price goes up again,you might as well hold it and be patience until the btc price is high so that you yourself will be the one who benefit for your profit.

[fluctuations]

Yeah, if you sell your btc lower than the other person's offer  the more it becomes lower meaning to say if we sell out of panic the more it becomes so cheaper and only those who buy your btc will benefit if the price goes up again,you might as well hold it and be patience until the btc price is high so that you yourself will be the one who benefit for your profit.

I agree with your point. We should not sell so panic. I think investing requires time and patience will produce good results.

[martychubbs]

The panic selling is something that an experienced investor would never do. He knows that this is actually perfect time to invest and get more, in contrast to a newbie who decides that the prices are so low that it is better dumpl everything than stay with 'nothing'.

[Cult]

Panic sell is reall capable of bringing the price of bitcoin down, however pretty often it's already a consequence of some market manipulation.

[Ryanpogi]

Because of the panic sell there are many things that can happen, such as lowering the price of bitcoin. but i think so many do not panic because they know that bitcoin will actually go down .. even i will not panic .. thanks ..